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Monday, 12 April 2010 - Global IT spending to rise |
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    Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Thai PM pressured as army chief calls for polls | Video 9:54am EDT Iran on Obama-Hu agenda as nuclear summit looms | Video 11:43am EDT Republicans warn Obama on Supreme Court nominee 11 Apr 2010 Reuters TV cameraman's chilling last picture show | Video 8:43am EDT Kyrgyz president rallies followers, warns of blood 6:06am EDT Thai PM pressured as army chief calls for polls | Video 9:54am EDT German city pays 100,000 euros to find dead cobra 09 Apr 2010 Spanking your kid could hatch a bully 9:40am EDT Reuters TV cameraman's chilling last picture show | Video 8:43am EDT CORRECTED - UPDATE 2-Smartphone maker Palm seeking a buyer -report 8:04am EDT Global IT spending to rise Tarmo Virki, European technology correspondent HELSINKI Mon Apr 12, 2010 4:42am EDT HELSINKI (Reuters) - Global IT spending will increase 5.3 percent this year to $3.39 trillion, boosted by strong consumer demand for PCs, and a weakening U.S. dollar, research firm Gartner said on Monday. Technology "Following strong fourth quarter sales, an unseasonably robust hardware supply chain in the first quarter of 2010, combined with continued improvement in the global economy, sets up 2010 for solid IT spending growth," Richard Gordon, research vice president at Gartner, said in a statement. Gartner said nearly 4 percentage points of the growth will be the result of a projected decline in the value of the U.S. dollar, with spending in exchange-rate-adjusted dollars to rise 1.6 percent this year, after a 1.4 percent fall in 2009. Gartner sees worldwide software spending rising 5.1 percent to $232 billion, with the majority of enterprise software markets growing. The global IT services spending is seen rising 5.7 percent to $821 billion. "The industry experienced some growth in reported outsourcing revenue at the close of 2009, an encouraging sign for service providers," Gartner said, adding it sees this spreading to consulting and system integration in 2010. Technology     Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   More from Reuters Smartphone maker Palm is seeking a buyer: report (Reuters) - Smartphone maker Palm Inc is looking to sell itself and is seeking bids for the company as early as this week, Bloomberg said, citing three people familiar with the situation. Paramount offers movies on Seagate hard drives Best Buy to sell Barnes & Noble's Nook e-reader China 3G standard phone sales to surge Sharp to join 3D TV battle with advanced display Global IT spending to rise » More Top News Obama tightens screws on Iran President Obama wants to impose sanctions on Iran and he is looking to China for help ahead of an ambitious nuclear security summit.  Full Article  Factbox: Current sanctions on Iran Ahmadinejad: Summit "humiliating" Slideshow: The world's nuclear powers Iran Still chasing Goldman Morgan Stanley has bolstered its trading operations, reshuffled top management and tinkered with its strategy. Will the changes bear fruit?   Full Article  AIG, Goldman unwind CDS positions Traders in Goldman options cautious Financials © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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